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Avanti Feeds, which is in the business of shrimps exports and feed, has seen heightened investor interest over the past few months. The stock has run up 65% and 150% during the past 1 and 6 months, respectively. According to Indra Kumar, chairman and managing director, Avanti Feeds, rising demand for shrimps in China, the US and Japan is paying off.

"Besides , crop damage this season in Thailand and Vietnam, which are major shrimp exporters other than India, has boosted our earnings and sales growth over the last few months," he told ET. China is now a net importer from a net exporter earlier.

Besides, the crop problems in Thailand and Vietnam have led to shrimp prices surging 100-150 % in the last one year. In Kumar's reckoning, both will take at least 6-12 months to recover. Earlier, India used to face the same issue of crop damage. But that was until the government allowed cultivation of Vemanai breed, which poses less risks.

Prior to this, only Tiger shrimps were in vogue, which were more prone to disease , unlike Vemanai. Avanti Feeds is now operating at 90-100 % capacity utilisation at its two plants in Gujarat and Andhra Pradesh, which have a total of 1,40,000 tonnes of capacity. That’s close to 60% of India's total capacity.

Sensing the huge growth potential, Avanti Feeds has set up another 85,000 tonnes plant in Andhra Pradesh. The facility will become operational from the next month, said Indra Kumar. "Improving industry dynamics and growing Indian consumption have given confidence to Indian farmers, which has also boosted our feeds business," he said.

The company's sales graph has been on an upward trajectory, which hit . 640 crore in 2012-13 from the earlier . 90 crore in 2009-10 . In the first nine months of FY14, the company has registered a growth clip of 74% in its revenues and 134% in profit after tax.